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Payment platform startup Viableware has secured a fresh $6.5 million round of funding to help push its restaurant payment software into more venues, the company announced today.
Viableware’s main product is the RAIL payment platform, which replaces a server’s leather-backed notebook with a device that can do much more than just keep track of orders. The RAIL can automatically split bills between customers, calculate a tip, email receipts, and allow customers to swipe their own cards. The platform is currently being used by a number of restaurant chains, including P.F. Chang’s, Dickie Brennan’s, and Ethan Stowell Restaurants.
The startup said it plans to use the new capital to expand its presence in more restaurants. The new round of funding came from a handful of individual investors, with participation from Swiftsure Capital.
Founded in 2011, the Kirkland, Wash.-based startup has raised a total of $7.45 million in funding to date.